* for identification purposes onlyAnnual Report 20232023年年報* for identification purposes only年年報Annual Report 2023 02040811324662677576787981168CONTENTS 目錄Financial HighlightsCorporate InformationChairman’s StatementManagement Discussion and AnalysisCorporate Governance ReportReport of the DirectorsDirectors and Senior ManagementIndependent Auditor’s ReportConsolidated Statement of Profit or Loss and Other Comprehensive IncomeConsolidated Statement of Financial PositionConsolidated Statement of Changes in EquityConsolidated Statement of Cash FlowsNotes to the Consolidated Financial StatementsFive Years Summary財務摘要公司資料主席報告書管理層討論及分析企業管治報告董事會報告董事及高層管理人員獨立核數師報告綜合損益及其他全面收益表綜合財務狀況表綜合權益變動表綜合現金流量表綜合財務報表附註五年財務概要 02BaWang International (Group) Holding Limited Annual Report 2023Financial Highlights財務摘要RMB’00020232022人民幣千元二零二三年二零二二年Revenue營業額237,653246,341Cost of sales銷售成本(117,935)(153,822)Gross profit毛利119,71892,519Selling & distribution costs銷售及分銷成本(81,106)(83,507)Administrative expenses行政開支(27,602)(32,379)Operating profit/(loss)經營利潤╱（虧損）14,882(17,333)Profit/(loss) before taxation 稅前利潤╱（虧損）13,544(19,431)Income tax credit 所得稅抵免83110Profit/(loss) for the year attributable to owners of the Company本公司擁有人應佔之 年內利潤╱（虧損）13,627(19,321)Gross margin毛利率50.4%37.6%Net profit/(loss) ratio淨利潤╱（虧損）率5.7%(7.8%)Earnings/(loss) per share (RMB cents)每股盈利╱（虧損）（人民幣仙）Basic基本0.4309(0.6110)Diluted攤薄0.4309(0.6110)8.4%14.3%0%0.0%91.6%85.7%20232022(RMB’000)(人民幣千元)2023二零二三年2022二零二二年Shampoo & hair-care products洗髮護髮產品Other household & personal care products其他家用及個人護理產品211,11535,139217,68419,944Total合計8725Skincare products護膚產品246,341237,653Revenue by Product Category收入按產品類別分析 霸王國際（集團）控股有限公司 二零二三年年報03Financial Highlights (Continued)財務摘要（續）(RMB’000)(人民幣千元)2023二零二三年2022二零二二年Bawang霸王Others其他237,701246,341231,692237,653Total合計9226Royal Wind追風3,9632,043Litao麗濤4,5853,8920%0%1.6%0.9%1.6%97.5%96.5%1.9%20222023Revenue by Branded Product Category收入按產品品牌類別分析 04BaWang International (Group) Holding Limited Annual Report 2023Corporate Information公司資料DirectorsExecutive DirectorsCHEN Qiyuan (Chairman)CHEN Zheng He (Chief Executive Officer)WONG Sin Yung CPAIndependent non-executive DirectorsCHEUNG Kin Wing FCA, CPADr. WANG Qi PhDDr. LIU Jing PhDAudit and Risk Management CommitteeCHEUNG Kin Wing FCA, CPA (Chairman)Dr. WANG Qi PhDDr. LIU Jing PhDRemuneration CommitteeCHEUNG Kin Wing FCA, CPA (Chairman) CHEN Zheng HeDr. WANG Qi PhDNomination CommitteeCHEN Qiyuan (Chairman)CHEUNG Kin Wing FCA, CPADr. WANG Qi PhDEnvironmental, Social and Governance CommitteeDr. WANG Qi PhD (Chairman)CHEN Zheng HeCHEUNG Kin Wing FCA, CPADr. LIU Jing PhDCompany SecretaryWONG Sin Yung CPA董事執行董事陳啟源（主席）陳正鶴（首席執行官）黃善榕 CPA獨立非執行董事張建榮FCA, CPA王琦博士PhD劉婧博士PhD審核及風險管理委員會張建榮 FCA, CPA（主席）王琦博士PhD劉婧博士PhD薪酬委員會張建榮 FCA, CPA（主席）陳正鶴王琦博士PhD提名委員會陳啟源（主席）張建榮 FCA, CPA王琦博士PhD環境、社會及管治委員會王琦博士PhD（主席）陳正鶴張建榮 FCA, CPA劉婧博士PhD公司秘書黃善榕 CPA 霸王國際（集團）控股有限公司 二零二三年年報05Corporate Information (Continued)公司資料（續）授權代表陳正鶴黃善榕 CPA註冊辦事處Cricket SquareHutchins DriveP.O. Box 2681Grand Cayman, KY1-1111Cayman Islands中國主要營業地點中國廣州白雲區廣花三路468號霸王工業園郵編：510450香港營業地點香港九龍尖沙咀柯士甸道122號麗斯中心12樓B室香港證券登記處寶德隆證券登記有限公司香港北角電氣道148號21樓2103B室Authorised RepresentativesCHEN Zheng HeWONG Sin Yung CPARegistered OfficeCricket SquareHutchins DriveP.O. Box 2681Grand Cayman, KY1-1111Cayman IslandsPrincipal Place of Business in the PRC468 Guanghua 3rd RoadBawang Industrial ComplexBaiyun DistrictGuangzhou510450PRCPlace of Business in Hong KongSuite B, 12/FRitz Plaza122 Austin RoadTsimshatsuiKowloonHong KongHong Kong Branch Share Registrar and Transfer OfficeBoardroom Share Registrars (HK) Limited2103B, 21/F., 148 Electric RoadNorth PointHong Kong 06BaWang International (Group) Holding Limited Annual Report 2023Corporate Information (Continued)公司資料（續）開曼群島證券過戶登記總處Codan Trust Company (Cayman) LimitedCricket SquareHutchins DriveP.O. Box 2681Grand Cayman KY1-1111Cayman Islands註冊公眾利益實體核數師信永中和（香港）會計師事務所有限公司香港銅鑼灣告士打道311號皇室大廈安達人壽大樓17樓香港法律顧問方達律師事務所香港中環康樂廣場8號交易廣場1期26樓公司網址www.bawang.com.cn股票代碼01338Cayman Islands Principal Share Registrar and Transfer OfficeCodan Trust Company (Cayman) LimitedCricket SquareHutchins DriveP.O. Box 2681Grand Cayman KY1-1111Cayman IslandsRegistered PIE AuditorSHINEWING (HK) CPA Limited17/F, Chubb TowerWindsor House311 Gloucester RoadCauseway BayHong KongLegal Advisor on Hong Kong LawFangda Partners26th Floor, One Exchange Square8 Connaught PlaceCentral, Hong KongCompany’s Websitewww.bawang.com.cnStock Code01338 霸王國際（集團）控股有限公司 二零二三年年報07Corporate Information (Continued)公司資料（續）Principal BankersThe Hongkong and Shanghai Banking Corporation Limited1 Queen’s Road CentralHong KongBank of China Limited1073 Jichang RoadGuangzhou510180PRC主要往來銀行香港上海滙豐銀行有限公司香港皇后大道中1號中國銀行股份有限公司中國廣州市機場路1073號郵編：510180 08BaWang International (Group) Holding Limited Annual Report 2023Chairman’s Statement主席報告書Dear shareholders of the Company, On behalf of the board (the “Board”) of directors (“Directors”) of BaWang International (Group) Holding Limited (the “Company”),